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To Our Shareholders

I would like to express my gratitude for your continuous support.

 

In the fiscal year 2017, the last year of the Medium-Term Business Plan (2015-2017), amid solid market environment, we have achieved our record-high profits for three consecutive years.

 

We will continue our efforts to create new value for society as well as for customers, as we continue to strive to respond appropriately to the present high demand and increase our competitiveness in the medium and long term, taking into consideration the relative uncertainty of future market conditions.

 

In addition, in the Medium-Term Business Plan (2018-2020) starting this year, we have defined our basic policy as “Building the foundation for growth centering the construction business at our core.”  Based on this policy, we will strive for the sustainable growth of our overseas business, while making investment in growth to create higher added value and expand revenue opportunities in construction and related businesses market of both Japan and overseas, and endeavor to build a sustainable growth foundation of our group. Meanwhile, as one of leading companies in the industry, we will take the unified initiative in addressing “Work Style Reform” and “Advancing Productivity” to strive for the growth of the construction industry.

 

With regard to the dividend at the end of the fiscal year ended March 31, 2018, we propose the cash dividend of 75 yen per share. In determining this figure, we have comprehensively taken into consideration the fact that we have achieved much greater performance than the initial plan and business surroundings in the future etc.

 

Additionally, at the board meeting on May 11, 2018, acquisition of the Company’s own share, the maximum limitation of which is 8,780 thousand shares (36 billion yen), was resolved in order to increase shareholder returns and to improve the capital efficiency.

 

I sincerely appreciate your continuous and invaluable guidance and support.

Yoshiyuki Murata

President and Chief Executive Officer